But, something to add that you have to understand is that a 3-4 unit has to be meet the FHA self sufficiency test.

However, I’m still mindful that this is our first deal, and I want to be prepared for potential surprises.Here’s what we plan to check during the walk-through:- Overall condition of the HVAC system (I’ll test it myself with HVAC multimeter)- Electrical issues (I'll assess as well)- Plumbing, which my brother, a journeyman plumber, can help with if needed- Any significant structural concerns, mold, foundation issues, etc.

I don't think you qualify for a 1031. owning a property your mother lives in doesn't seem to meet the held for investment test necessary. 

There’s 7 tests for materially participation.

Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

To truly know how the AC is running, you’ll have to test it.

When you inherit tenants, sometimes they are testing you to see how you are as an owner.

The three reasons sellers typically choose the off-market route are privacy, potential savings, and price testing.

@Marcus AuerbachIf u have an hvac person only taking half a day to swap out a new heat pump and central air, and do all the proper evacuation and testing, they are on speed.

I've worked with dozens of investors who have tested both the standard and premium listings on Zillow.